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CONCENTRATIONS AND RISKS (Tables) | 6 Months Ended
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Jun. 30, 2025
Risks and Uncertainties [Abstract] |
Schedule of total revenue |
Schedule of total revenue |  |  |  |  |  |  |  |
|  | For the six-month period ended June 30, |
|  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |
Customer A |  |  | 8,731 |  |  |  | 19,481 |
Customer B |  |  | N/A(i) |  |  |  | 15,193 |
Customer C |  |  | N/A (i) |  |  |  | 10,965 |
(i) | Revenue from the relevant customer was less than 10% of the Company’s total revenue for the respective period.
Schedule of total accounts receivable |
Schedule of total accounts receivable |  |  |  |  |  |  |  |
|  | December 31, 2024 |  |  | June 30, 2025 |
|  | US$’000 |  |  | US$’000 |
Customer A |  |  | N/A(ii) |  |  |  | 2,968 |
Customer B |  |  | N/A(ii) |  |  |  | 5,152 |
Customer C |  |  | N/A (ii) |  |  |  | 6,590 |
Customer D |  |  | N/A(ii) |  |  |  | 2,964 |
Customer E |  |  | 2,204 |  |  |  | N/A(ii) |
(ii) | Accounts receivable from relevant customers was less than 10% of the Company’s total gross accounts receivable for the respective year/period.
Schedule of total purchases |
Schedule of total purchases |  |  |  |  |  |  |  |
|  | For the six-month period ended June 30, |
|  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |
Supplier A |  |  | 17,483 |  |  |  | N/A(iii) |
Supplier B |  |  | 9,470 |  |  |  | 24,225 |
Supplier C |  |  | 8,647 |  |  |  | N/A(iii) |
Supplier D |  |  | N/A(iii) |  |  |  | 13,489 |
Supplier E |  |  | N/A(iii) |  |  |  | 11,056 |
Supplier F |  |  | N/A (iii) |  |  |  | 9,660 |
(iii) | Purchase from relevant suppliers was less than 10% of the Company’s total purchase for the respective period.
Schedule of total accounts payable |
Schedule of total accounts payable |  |  |  |  |  |  |  |
|  | December 31, |  |  | June 30, |
|  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |
Supplier A |  |  | 3,370 |  |  |  | N/A(iv) |
Supplier B |  |  | 1,726 |  |  |  | 7,572 |
Supplier D |  |  | N/A(iv) |  |  |  | 6,003 |
Supplier E |  |  | N/A(iv) |  |  |  | 2,905 |
Supplier F |  |  | N/A(iv) |  |  |  | 2,802 |
Supplier G |  |  | N/A(iv) |  |  |  | 3,060 |
(iv) | Accounts payable from relevant suppliers was less than 10% of the Company’s total accounts payable for the respective year/period.

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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